{"id":19518,"date":"2024-12-09T21:44:21","date_gmt":"2024-12-09T19:44:21","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=19518"},"modified":"2024-12-10T11:10:33","modified_gmt":"2024-12-10T09:10:33","slug":"innovative-tools-for-security-oriented-management","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/innovative-tools-for-security-oriented-management\/","title":{"rendered":"Ahafonov A. Innovative Tools for Security-Oriented Management of Commercial Banks in Ukraine"},"content":{"rendered":"

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JEL Classification:<\/strong>G21, G32, D81.<\/em><\/span><\/td>\nDOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V47(2024)-01<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][vc_column_text]Ahafonov Andrii., <\/strong>PhD Student at the Faculty of Management, Mykolayiv National Agrarian University, Mykolayiv, Ukraine<\/p>\n

ORCID ID:<\/strong> 0009-0004-7480-0163<\/a>
\ne-mail: <\/strong>8_andreyag_8@ukr.net<\/a><\/p>\n

 <\/p>\n

Innovative Tools for Security-Oriented Management of Commercial Banks in Ukraine<\/h2>\n

Abstract. Introduction.<\/em><\/strong>\u00a0In the context of globalization and rapid technological development, security of commercial banks in Ukraine has become one of the most critical elements for their successful operation. Innovative tools for security-oriented management are essential to effectively address new challenges, such as cyber threats, financial fraud, and risks associated with market instability.<\/em><\/p>\n

Purpose.<\/em><\/strong> The purpose of this article is to substantiate the theoretical and methodological foundations and practical approaches to the implementation of innovative tools for security-oriented management in commercial banks operating in the Ukrainian market.<\/em><\/p>\n

Results.<\/em><\/strong> The analysis shows that Ukraine’s modern financial market faces a high level of uncertainty and risk, which requires the implementation of innovative tools by commercial banks to ensure stability and security. The use of artificial intelligence, machine learning and big data analytics is crucial for the identification and prediction of risk factors. It is emphasized that innovative tools, such as early warning systems and blockchain technology, require adaptation to the specific conditions of the Ukrainian financial market and regulatory environment. These tools can increase the efficiency of risk management; however, their implementation must take into account the unique aspects of the local context.<\/em><\/p>\n

Conclusions.<\/em><\/strong> Security-oriented management of commercial banks should be a focused and multifaceted process that includes not only technological solutions but also a methodical approach to risk assessment. An integral part of this management is the integration of preventive measures, the strengthening of internal control and audit, and the continuous improvement of security procedures to adapt to external threats and challenges. The results of the study can be valuable for Ukrainian banking institutions seeking to ensure the stability and reliability of their operations in the face of growing challenges and risks.<\/em><\/p>\n

Keywords:<\/em><\/strong> security-oriented management; security-oriented management practices; commercial bank management; commercial banks, financial management; risk management;, risk mitigation.<\/em><\/p>\n

References:<\/strong><\/p>\n

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    [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received:<\/strong> 20 October 2024<\/p>\n

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    Ahafonov A. (2024). Innovative Tools for Security-Oriented Management of Commercial Banks in Ukraine. Modern Economics, 47(2024), 5-10. DOI: https:\/\/doi.org\/10.31521\/modecon.V47(2024)-01.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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    [vc_row][vc_column][vc_column_text] JEL Classification:G21, G32, D81. DOI: https:\/\/doi.org\/10.31521\/modecon.V47(2024)-01 [\/vc_column_text][vc_column_text]Ahafonov Andrii., PhD Student at the Faculty of Management, Mykolayiv National Agrarian University, Mykolayiv, Ukraine ORCID ID: 0009-0004-7480-0163 e-mail: 8_andreyag_8@ukr.net   Innovative Tools for Security-Oriented Management of Commercial Banks in Ukraine Abstract. Introduction.\u00a0In the context of globalization and rapid technological development, security of commercial banks in Ukraine has
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